Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Greetings from the CalTrain station in bucolic Palo Alto, California. I thought I’d have a change of venue to type up my end-of-day post, and although a video would have been a lot easier, I’m going to not to be lazy this time.
There’s not a whole hell of a lot to say about a market that goes up every single day. There are only so many instances of, “wow, this market is sure going up a lot lately” that one can utter. One item I’m rather impatiently watching is the EUR/USD, which is configured for a nice tumble, but so far refuses to do so. (more…)
Well, to be entirely honest… not yet. It may take several years, probably 10 or 20 at least, before we can say adieu to today’s most used sources of energy, but there is a new kid on the block new in the energy field.
Some of you may have heard, as of lately, about the resurgence of the so called ‘cold-fusion’ and also ‘LENR’ (Low Energy Nuclear Reaction) experiments, in other words all those studies aimed to develop clean and non-radioactive energies that are somehow generated simply by exercising some sort of action on the atomic structure of certain materials (i.e. palladium, deuterium, nickel, etc.). You may remember the famous story of Pons and Fleischmann, many years ago, claiming they had obtained something in that direction, but then their theory crumbled miserably when other scientist tried to reproduce the effect in their labs. (more…)
I read a piece this morning by Josh Brown, the Reformed Broker, in which he destroys the 1999 comparison for the stock market. He makes some excellent points about why the stock market is not only not over valued compared to 1999, but is actually a bargain. You should read it because we should all be considerate of rational views. (more…)
My post of April 26th laid out a scenario for minimum and maximum target objectives to be reached by the Major Indices by the end of Q2, based on a number of assumptions.
The following is an update to report that the minimum target objectives have already been reached in 5 out of the 6 indices (Utilities, which had been on a parabolic rise, pulled back before reaching its minimum target), the maximum target was exceeded in the Nasdaq 100 and the Russell 2000, and the maximum target was nearly reached (within 12 points) on the S&P 500. (more…)
Did everyone enjoy the 15 minute bear market we had earlier today? That was a good one, wasn’t it? But, of course, it’s Tuesday, and as we all know, it is federal law that the market push to lifetime highs on Tuesday, so once again, we are involved in doing just that. It’s Tuesday #19, if we closer higher (which seems almost a foregone conclusion). (more…)